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House Prices in NE47

The average house price in NE47 (Hexham) is £291,500 using HM Land Registry data.

The average property price increased by £120,161 (36.4%) over the last 5 years and increased by £24,021 (5.13%) over the last 12 months.

Over the last year, there were 88 residential property sales – a decrease of 17 transactions (-19.32%) relative to the previous year. The majority of house sales (25) were in the £130,000 - £222,000 range. Then came properties in the £222,000 - £314,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,250 (-3%).

In June 2024, there were 21 new estate agency instructions, 15 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in NE47 (Hexham)

36.4%

Property prices in Hexham increased by 36.4% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE47 (Hexham) Over the Last Year

5.13%

Property prices in Hexham increased by 5.13% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NE47 (Hexham) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE47 (Hexham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE47 (Hexham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE47 (Hexham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE47 (Hexham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE47 postcode area since 1995.

Recent Sales in NE47 (Hexham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 St Aidans Park, Fourstones, Hexham, Northumberland, NE47 5EB	£398,500	£398,500	£00	13 Feb 2024	14 May 2024	91 Days
7 Martins Close, Haydon Bridge, Hexham, Northumberland, NE47 6AE	£187,000	£187,000	£00	05 Feb 2024	02 May 2024	87 Days
Green Pastures, Station Road, Allendale, Hexham, Northumberland, NE47 9PY	£410,000	£410,000	£00	20 Jun 2023	15 Mar 2024	269 Days
43 Langley Gardens, Haydon Bridge, Hexham, Northumberland, NE47 6EF	£130,000	£117,500	-£12,500	30 Dec 2022	13 Mar 2024	439 Days
Bridge End House, Bridge End, Allendale, Hexham, Northumberland, NE47 9AA	£545,000	£545,000	£00	23 Oct 2023	08 Mar 2024	137 Days
Broomfield, North Bank, Haydon Bridge, Hexham, Northumberland, NE47 6LY	£475,000	£458,000	-£17,000	27 Jul 2023	16 Feb 2024	204 Days
9 Whittis Crescent, Haydon Bridge, Hexham, Northumberland, NE47 6AH	£125,000	£125,000	£00	25 Apr 2023	15 Feb 2024	296 Days
1 Glen Cottages, Allendale, Hexham, Northumberland, NE47 9QN	£225,000	£215,000	-£10,000	17 Jul 2023	18 Dec 2023	154 Days
32 Wentworth Park, Allendale, Hexham, Northumberland, NE47 9DR	£250,000	£243,500	-£6,500	14 Apr 2023	14 Dec 2023	244 Days
25 Innerhaugh Mews, Haydon Bridge, Hexham, Northumberland, NE47 6DE	£240,000	£238,000	-£2,000	30 Aug 2023	01 Dec 2023	93 Days
20 Forstersteads, Allendale, Hexham, Northumberland, NE47 9AS	£375,000	£365,000	-£10,000	04 Aug 2023	24 Nov 2023	112 Days
28 Greenwich Gardens, Haydon Bridge, Hexham, Northumberland, NE47 6DS	£180,000	£175,000	-£5,000	30 Aug 2023	22 Nov 2023	84 Days
Riversdale, Bridge End, Allendale, Hexham, Northumberland, NE47 9NF	£275,000	£265,000	-£10,000	09 Jun 2023	20 Nov 2023	164 Days
20 Wentworth Park, Allendale, Hexham, Northumberland, NE47 9DR	£220,000	£217,500	-£2,500	06 Sep 2023	08 Nov 2023	63 Days
17 Broadway, Fourstones, Hexham, Northumberland, NE47 5DU	£190,000	£170,000	-£20,000	27 Jun 2023	27 Oct 2023	122 Days
11 Allen View, Catton, Hexham, Northumberland, NE47 9QQ	£280,000	£275,000	-£5,000	21 Jul 2023	27 Oct 2023	98 Days
7 Denelands, Allendale, Hexham, Northumberland, NE47 9PW	£360,000	£360,000	£00	10 May 2023	20 Oct 2023	163 Days
26 Tow House Green, Bardon Mill, Hexham, Northumberland, NE47 7DT	£250,000	£246,000	-£4,000	23 May 2023	19 Oct 2023	149 Days
7 Sidgate, Newbrough, Hexham, Northumberland, NE47 5AE	£165,000	£165,000	£00	31 Mar 2023	03 Oct 2023	186 Days
11 Temple Houses, Haydon Bridge, Hexham, Northumberland, NE47 6AG	£180,000	£165,000	-£15,000	06 Mar 2023	29 Sep 2023	207 Days

Most Expensive Streets in NE47 (Hexham)

Postcode	Street	Area	Average	No. of Sales
NE47 0AD	Slaley	Hexham	£701,000	5
NE47 6HJ	Heugh House Lane, Haydon Bridge	Hexham	£525,000	3
NE47 0BY	Slaley	Hexham	£476,500	4
NE47 7AD	Thorngrafton	Hexham	£448,566	5
NE47 9JQ	Allenheads	Hexham	£423,333	3
NE47 7JJ	Thorngrafton	Hexham	£421,250	4
NE47 0BQ	Slaley	Hexham	£420,250	4
NE47 5LW	Broadacres, Fourstones	Hexham	£414,500	3
NE47 6HG	Belmont Gardens, Haydon Bridge	Hexham	£414,500	3
NE47 9JE	Allenheads	Hexham	£405,500	4

Least Expensive Streets in NE47 (Hexham)

Postcode	Street	Area	Average	No. of Sales
NE47 6JN	Strother Close, Haydon Bridge	Hexham	£101,942	4
NE47 6AJ	Smiths Terrace, Haydon Bridge	Hexham	£114,500	3
NE47 6DS	Greenwich Gardens, Haydon Bridge	Hexham	£114,993	5
NE47 9HA	Dale Park, Allendale	Hexham	£134,333	3
NE47 6BQ	Shaftoe Street, Haydon Bridge	Hexham	£135,333	3
NE47 9DB	Allenfields, Allendale	Hexham	£140,000	3
NE47 5AE	Sidgate, Newbrough	Hexham	£146,287	6
NE47 5AF	Sidgate, Newbrough	Hexham	£151,333	3
NE47 6DF	The Showfield, Haydon Bridge	Hexham	£156,559	21
NE47 6ER	Ratcliffe Road, Haydon Bridge	Hexham	£159,500	5